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Margate city, FL

ZIP 33063 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33063

Median Home Value
$270,100
Median Rent
$1,660
Affordability Snapshot
$74,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,735/mo PITI).

32%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

4.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

13.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33063 in Margate city, FL, a household would need roughly $74,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,735. That is about 18% above the local median household income ($62,930), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
73.7%+13% vs US avg
x
Vacancy Rate
9.0%-13% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
0.1%-100% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
35.1%-29% vs US avg
x
Mortgage-Free
39.5%+3% vs US avg
x
$270,100
Home Value
$1,660
Rent
1980
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached38.5%
  • 1-unit attached9.1%
  • 2-9 units14.5%
  • 10+ units34.7%
  • Mobile home & other3.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$270,100
Median rent$1,660
Owner-occupied73.7%
Vacant9.0%
Price-to-income4.3x
Est. income to buy$74,000